Whether you are a financial institution, local or foreign bank, multinational company, professional services firm or government body, our Financial Services Litigation practice provides comprehensive dispute management and resolution services for the banking and financial services sector, whether by litigation or international commercial arbitration or assistance in regulatory investigations.

Our clients include major local and foreign financial institutions—including all three Singapore banking giants, DBS Bank, OCBC Bank and United Overseas Bank—as well other panel banks such as The Islamic Bank of Asia, Unicredit Bank AG, Royal Bank of Scotland NV, VTB Bank and Standard Chartered Bank. Our experienced team has also provided counsel to JP Morgan Chase, Bank Julius Baer, Pictet, Macquarie Bank and Citibank.

Banking and finance dispute resolution is not just about debt collection or security enforcement, rely on a team with deep experience covering collateral management agreements, multi-currency loans, share finance trading, trade finance facilities, all forms of securities, letters of credit, performance bonds, standby off-take agreements and bills of exchange. We handle a whole range of issues relating to fraud, forgery, Shari’ah financing, authority, agency, breach of mandate, accessory liability, insolvency clawbacks like undue preference, proprietary and priority issues in insolvency, judicial management and schemes of arrangements.

Our expertise services includes:

• Accessory liability
• Banker and customer disputes
• Debt recovery
• Enforcement of security
• Inter creditor disputes
• Letters of credit
• Performance bonds
• Proprietary and priority issues

We act quickly and decisively to protect your interests, obtaining preemptive remedies where appropriate. Rely on our team to handle your pressing litigious issues both in Singapore and abroad.

Insights

Need for Speed: Get your Anti-Suit Injunction Fast!

March 18, 2019

Parties entering into arbitration agreements ordinarily abide by their contractually chosen dispute resolution mechanism and proceed accordingly. Sometimes, one encounters a counter-party who takes it upon himself to start proceedings in a foreign jurisdiction in breach of an arbitration clause. How does an innocent party restrain such conduct? The Court of Appeal (SGCA) in Sun Travels & Tours Pvt Ltd v Hilton Manage (Maldives) Pvt Ltd (Sun Travels) laid down firm guidance that a party who finds itself in this scenario should act as fast possible to restrain the counter-party by way of an anti-suit injunction (ASI).

Winding up a company in record time despite claim of a dispute subject to arbitration

December 13, 2018

In the recent High Court judgment in VTB Bank (Public Joint Stock Company) v Anan Group (Singapore) Pte Ltd [2018] SGHC 250, Dentons Rodyk, acting for the plaintiff, successfully obtained a winding up order on a debtor company just six weeks after the service of a statutory demand for an underlying debt of US$ 250 million.

Crystallising the floating charge to preserve your clear interest – Looking beyond the crystal ball

October 31, 2018

In Jurong Aromatics Corp Pte Ltd (receivers and managers appointed) and others v BP Singapore Pte Ltd and another matter [2018] SGHC 215, the Singapore High Court considered the effect of a no-assignment clause and a no-charging clause on a pre-existing fixed charge and/or crystallised floating charge over the chargor’s assets, and how this affected the chargee’s rights in an insolvency setoff situation.

View all Insights for Financial Services Litigation in Singapore